Is Ernst & Young violating auditor independence rules, again?

The Big 4 global audit firms are very good at lobbying in their own self-interest.

“Investors value audit opinions only if the auditors are independent. But audit firms have time and again shown they are either unwilling or unable to meet that most basic of standards.”

That’s Barbara Roper, the director of investor protection for the Consumer Federation of America, commenting for my four-part series here in January on how the U.S. Secu…